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Can morgage co touch my social security.

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honig_berg

Joined: 31 Jan 2010
honig_berg's page
Posts: 1

25 Magic Points

Subject: Can morgage co touch my social security.

Sun Jan 31, 2010 1:54 am

I am on social security and now i have no job . I can not make my morgage payments anymore can the morgage company touch my social securityif i give my house back it is my only income

cinnamngrl

Joined: 01 Nov 2008
cinnamngrl's page
Posts: 1455

6339 Magic Points

Sun Jan 31, 2010 4:10 pm

I don't think so but you may need to protect it by contacting a lawyer
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fireyone

Joined: 26 Feb 2008
fireyone's page
Posts: 4285

127 Magic Points

Sun Jan 31, 2010 9:40 pm

I do not believe so. What you will need to do is ask an atty. If they would sell your house and get less than what you owed it would still leave you liable for the remaining amount. It would not touch your social security benefits but if you were to sell anything , get any other money or have a bank account then they could attach that.

Justin

Justin

Joined: 17 Jul 2006
Justin's page
Posts: 1240

28942 Magic Points

Subject: reply to can morgage co touch my social security

Mon Feb 01, 2010 5:46 am

Hi honig,

I agree with fireyone. I don't think that the mortgage company can touch your social security, if you take the help of a lawyer.
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Justin

simpletruth

Joined: 29 Sep 2009
simpletruth's page
Posts: 35

11 Magic Points

Subject: take s.s for mortgage

Wed Feb 03, 2010 1:37 am

No, I don't believe they can take S.S. for failure to pay mortgage. You do need a lawyer, however if you can't pay mortgage, you probably can't pay for a lawyer either. So you need to find a good legal aid lawyer, which can be found in most counties, check your local telephone directory, or call the bar association. They can usually give you a name and number for legal aid.

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